Statement of Activities

Quick Answer: Statement of Activities

The Statement of Activities presents revenue and expenses with and without donor restrictions—the layout many auditors and grantors expect on nonprofit financials. It shows how unrestricted and restricted net assets changed during a period, not just a simple profit-and-loss total. This differs from the Income Statement, which focuses on operational results without restriction columns.

This restriction-column layout is not an open tile on the live Reports hub today. Run Income Statement and Balance Sheet for close. Keep this page as the conceptual guide when a grantor or CPA asks for activities with and without donor restrictions.

Keep this page as the conceptual guide for the restriction-column layout. See the Statement of Activities and Fund Accounting glossary entries for terminology.

Statement of Activities

Present revenue and expenses with and without donor restrictions in the layout auditors expect.

When to Use It

• Annual audits and Form 990 preparation
• Board meetings when restriction releases matter
• Grant reports that ask for GAAP-style activity statements

Good to Know

See also Balance Sheet for point-in-time balances and Income Statement by Fund for program-level comparisons on Pro+.